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Start Preamble
February 19, 2016.
The Department of Agriculture has submitted the following information collection requirement(s) to OMB for Start Printed Page 9423review and clearance under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments are requested regarding (1) whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) the accuracy of the agency's estimate of burden including the validity of the methodology and assumptions used; (3) ways to enhance the quality, utility and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology.
Comments regarding this information collection received by March 28, 2016 will be considered. Written comments should be addressed to: Desk Officer for Agriculture, Office of Information and Regulatory Affairs, Office of Management and Budget (OMB), New Executive Office Building, 725 17th Street NW., Washington, DC 20502. Commenters are encouraged to submit their comments to OMB via email to: OIRA_Submission@OMB.EOP.GOV or fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO, Mail Stop 7602, Washington, DC 20250-7602. Copies of the submission(s) may be obtained by calling (202) 720-8958.
An agency may not conduct or sponsor a collection of information unless the collection of information displays a currently valid OMB control number and the agency informs potential persons who are to respond to the collection of information that such persons are not required to respond to the collection of information unless it displays a currently valid OMB control number.
Rural Business Service
Title: Intermediary Re-lending Program.
OMB Control Number: 0570-0021.
Summary of Collection: The objective of the Intermediary Relending Program (IRP) is to improve community facilities and employment opportunities and increase economic activity in rural areas by financing business facilities and community development. This purpose is achieved through loans made by the Rural Business-Cooperative Service (RBS) to intermediaries that establish programs for the purpose of providing loans to ultimate recipients for business facilities and community development. The Community Economic Development Act of 1981 (42 U.S.C. 9812(a), section 623(a)) provides for the Secretary the authority to make loans to nonprofit entities who will in turn provide financial assistance to rural businesses to improve business, industry and employment opportunities as well as provide a diversification of the economy in rural areas.
Need and Use of the Information: The information requested is necessary for RBS to process applications in a responsible manner, make prudent credit and program decisions, and effectively monitor the intermediaries' activities to protect the Government's financial interest and ensure that funds obtained from the Government are used appropriately. Various forms are used to include information to identify the intermediary, describe the intermediary's experience and expertise, describe how the intermediary will operate its revolving loan fund, provide for debt instruments, loan agreements, and security, and other material necessary for prudent credit decisions and reasonable program monitoring.
Description of Respondents: Not-for-profit institutions; Business or other for-profit.
Number of Respondents: 240.
Frequency of Responses: Reporting: On occasion.
Total Burden Hours: 24,580.
Rural Business-Cooperative Service
Title: Agriculture Innovation Centers.
OMB Control Number: 0570-0045.
Summary of Collection: The Farm Security and Rural Investment Act of 2002 (Pub. L. 107-171, signed May 13, 2002) authorized the Secretary of the U.S. Department of Agriculture (USDA) to award grant funds to Agriculture Innovation Centers (Centers). The Agricultural Act of 2014 reauthorized the program through 2018. The Centers provide a demonstration program under which agricultural producers are to be provided with technical and business development assistance enabling them to establish businesses producing and marketing value-added products. This program is administered by Cooperative Programs within USDA's Rural Development.
Need and Use of the Information: Information is collected by Rural Development State and Area office staff, as delegated, from applicants and grantees. Cooperative Programs uses the collected information to confirm that the applicant and use of funds meet the eligibility requirements for the program as well as to assess the quality of the proposed project. Grantees are required to submit financial status and performance reports to confirm that progress is being made toward achieving the stated goals of the project. A final report is submitted at the completion of the grant agreement. Centers may be non-profit corporations, for-profit corporations, institutions of higher learning, and consortia of the aforementioned entities.
Description of Respondents: Not-for-profit Institutions; Business or other for-profit.
Number of Respondents: 1.
Frequency of Responses: Reporting: Semi-annually.
Total Burden Hours: 30.
Start SignatureCharlene Parker,
Departmental Information Collection Clearance Officer.
[FR Doc. 2016-03979 Filed 2-24-16; 8:45 am]
BILLING CODE 3410-XY-P
Document Information
- Published:
- 02/25/2016
- Department:
- Rural Business-Cooperative Service
- Entry Type:
- Notice
- Document Number:
- 2016-03979
- Pages:
- 9422-9423 (2 pages)
- EOCitation:
- of 2016-02-19
- PDF File:
- 2016-03979.pdf